The Debt Management Office (DMO) has explained that public debt would only hit the projected N77 trillion if the ways and means advances from the Central Bank of Nigeria (CBN)
Tag "ways and means facility"
The World Bank says interest payments on the federal government’s borrowing from the Central Bank of Nigeria (CBN) will gulp over 62 percent of revenue by 2027. The international financial
The federal government borrowed N6.3 trillion from the Central Bank of Nigeria (CBN) in the first 10 months of 2022. Ways and Means is a loan facility through which the
The federal government says it will repay the N20 trillion debt owed to the Central Bank of Nigeria (CBN) with securities such as treasury bills and bonds issuance. Zainab Ahmed,
Fitch Ratings, a credit rating agency, says repeated recourse by the federal government (FG) to its ways and means facility
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